Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


No need of panic about upper North Island ports: PwC

No need of panic about upper North Island ports, PwC report says

By Pam Graham

Dec. 4 (BusinessDesk) – A report on ports in the upper North Island kills the idea that Northland’s natural deep water port may one day be a hub for container ships and doesn’t see New Zealand becoming a branch of an Australian hub port either.

The report by PwC commissioned by the Upper North Island Strategic Alliance also sees no need for a new port in the upper North Island or any need for existing ports to rush to invest in infrastructure to cater for larger container ships. The alliance is made up of representatives from the Northland, Auckland, Waikato and Bay of Plenty councils.

“Shipping lines expect to continue to serve New Zealand with smaller ships in the interim,” the report says.

There is no significant risk for exporters and importers associated with the timing of ports’ investment with respect to larger container ships. The report‘s solution to a forecast increase in trade over the next 30 years is for ports to become more efficient.

It says New Zealand ports are inefficient and have poor technology. If they improve they can handle projected demand for many decades. For years there has been debate about how long Auckland can have a commercial port on the waterfront of its central business district and development of Whangarei’s port has been seen as a long-term alternative.

But PWC said there would have to be a significant reduction in New Zealand’s high land transport costs before a container port at Whangarei “would make sense”.

The report says Ports of Auckland is below the New Zealand average on the efficiency measure of containers moved per crane per hour and Port of Tauranga is more efficient.

It says all ports need to improve technology, particularly by adopting automated container stacking systems to increase capacity in container yards.

Port capacity can be created by operational efficiencies, particularly in container handling and storage.
But the report did acknowledge that if Ports of Auckland could not expand its footprint growth would need to be accommodated at other upper North Island ports.

New Zealand ports were moving to a “hub and spoke” model and regional ports such as Timaru and Wellington were losing out, it said.

But New Zealand was not likely to become a spoke to an Australian hub port because Australian ports also lacked capacity to handle larger ships.

Each council will formally receive and consider the report at their appropriate December 2012 council or committee meetings.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news